Bharti Airtel Share Price Declines 4% Amid NBFC Expansion Plans

Bharti Airtel Share Price Declines 4% Amid NBFC Capital Infusion Plans

Key Highlights:

• Bharti Airtel's shares declined by nearly 4% in intraday trade on February 24, touching a low of ₹1,921 apiece.
• The decline marks the steepest intraday fall in three months, with the stock last seen at these levels in early February.
• Investors reacted negatively to the company's proposal to strengthen its Non-Banking Financial Company (NBFC), Airtel Money Limited, through a substantial capital infusion of ₹20,000 crore over the next few years.

Capital Infusion Plans:

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• Bharti Airtel will capitalize Airtel Money Limited with ₹20,000 crore, with 70% of the equity contribution coming from the company and the remaining 30% from the promoter group.
• The company aims to leverage its large customer base to build the next growth engine and diversify its portfolio.

Financial Performance:

• Bharti Airtel reported a 55% year-on-year (y-o-y) fall in its net profit to ₹6,631 crore in Q3 2026.
• Its revenue in the quarter was up 19.6% y-o-y and 3.5% sequentially at ₹53,982 crore.
• The company's Average Revenue Per User (ARPU) rose 1.2% sequentially to ₹259 a month, driven by growth in data consumption and consumer upgrades.

Share Price Trend:

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• Bharti Airtel's shares have declined by 7.86% so far in 2026, but its long-term performance remains intact.
• The stock has delivered a robust 154% return to investors over the last three years and 243% over the last five years.
• The company's market cap has crossed the ₹12 lakh crore mark.